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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Finance, Investment more

Amlak investors forced to watch and wait

Posted on 21 November 2011

Three years after the stock market regulator suspended the shares of Amlak Finance, one of the largest financial institutions in the UAE, investors such as Ali Abdullah Ragban are still waiting for answers.
Ragban said he made a number of million-dollar investments through Amlak Finance in property and also bought its shares from 2004 to early 2007 during Dubai’s property boom, only to see the value of the assets fall by more than half………………………………………..Full Article: Source

 
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